30.04.2008 13:41:00
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Marine Corps Hawaii Converts Vending Machines to ''Green'' With USA Technologies' EnergyMiser(R)
The Marine Corps Base, Hawaii, is installing USA Technologies'
(NASDAQ:USAT) VendingMiser energy conservation technology in vending
machines to help lower energy consumption and costs and reduce C02
emission.
The Marine Corps is installing 300 VendingMisers base-wide in Hawaii.
The Hawaii Marine Corps joined the National Guard in Honolulu, the Pearl
Harbor Navy base, and Hickham Air Force base who have already converted
their vending machines to "green”
with VendingMisers.
"The Marine Corps in Hawaii, like many domestic and worldwide U.S.
military bases, is doing everything possible to lower energy consumption
and cost during this time of record oil prices and skyrocketing energy
prices,” said Barbara Scott, Product Manager,
USA Technologies. "Installation of our
EnergyMiser product line is rapidly spreading throughout the Hawaiian
Islands, Mainland USA, and worldwide,” she
said.
More than 20,000 VendingMiser and other EnergyMiser products are now
installed in military bases and facilities in the U.S. and abroad.
USA Technologies has seen its EnergyMiser business increase
significantly on a global scale, driven largely by the recent rapid and
dramatic increase in the cost of energy, together with an accelerating
trend by the public and private sectors to "go
green” to help lower energy consumption and
C02 emission.
"We estimate that the U.S. government is
saving more than two million dollars in energy costs annually just by
installing VendingMiser in our country’s
military bases. The U.S. Military continues to be one of our most
prolific energy conservation customers with EnergyMiser installs at
army, navy and air force bases throughout America and the Pacific,
including Okinawa, and Japan,” said Ms.Scott.
Other installs have occurred at Fort Hood Army Garrison in Texas, the
biggest military defense force base in America, the Adjutant General's
Department in Texas, the Texas Air National Guard, Florida’s
Burnsville Air Force Base, the Navy Exchange Service Command, the Naval
Base Coronado, California’s San Clement
Island base, and U.S. Coast Guard bases in San Francisco and Hawaii.
U.S. Government institutions and military bases are installing USA
Technologies' full range of EnergyMiser products including the
VendingMiser®, CoolerMiser™
and SnackMiser™, which reduce energy
consumption by up to 46 percent. Vending machines cost an estimated
$300-$400 a year to operate.
Much of the technology is being purchased through the General Services
Administration (GSA) Advantage shopping system, the Federal Government's
purchasing department. The system enables federal and state government
agencies and the military to purchase directly from approved contractors
and suppliers at pre-approved prices. The GSA Services Center in Tampa,
Florida, was another government agency that recently installed
EnergyMiser on vending machines in its offices.
About USA Technologies:
USA Technologies is a leader in the networking of wireless non-cash
transactions, associated financial/network services and energy
management. USA Technologies provides networked credit card and other
non-cash systems in the vending, commercial laundry, hospitality and
digital imaging industries. The Company has agreements with AT&T,
Honeywell, Blackboard, MasterCard and others. For further information on
USA Technologies, please visit www.usatech.com.
Statement under the Private Securities
Litigation Reform Act:
With the exception of the historical information contained in this
release, the matters described herein contain forward-looking statements
that involve risk and uncertainties that may individually or mutually
impact the matters herein described, including but not limited to
product acceptance, the ability to continually obtained increased orders
of its products, the ability to meet installation goals, economic,
competitive, governmental impacts, whether its pending patents will be
granted or defendable; validity of intellectual property and patents of
USA, the ability of USA to license its patents, the ability of USA to
commercialize its developmental products, technological and/or other
factors, which could cause actual results or revenues to differ
materially from those contemplated by these statements.
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